AIR CHINA TO SET UP DALIAN AIR IN NORTHEAST CHINA

Dino D'Amore
By Dino D'Amore July 6, 2011 14:07

AIR CHINA TO SET UP DALIAN AIR IN NORTHEAST CHINA

The Civil Aviation Administration of China (CAAC) has approved Air China’s application to establish a subsidiary in northeast China. The airline will hold 80% Dalian Air, capitalised at 1 billion yuan ($155 million), with a unit of the Dalian city government holding the remainder.

Dino D'Amore
By Dino D'Amore July 6, 2011 14:07
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